Paris Energy Storage Subsidy Policy

How has Paris benefited from EU subsidies?

Paris has used the temporary EU framework to offer billion of euros of support to energy-intensive industries but has also been on a crusade to turn subsidies into a key tool to draw in investment.

Is the French energy scheme in line with EU state aid rules?

On this basis, the Commission concluded that the French scheme is in line with EU State aid rules, as it will facilitate the development of renewable electricity production from various technologies in France and reduce greenhouse gas emissions, in line with the European Green Deal and without unduly distorting competition.

Does Europe support battery energy storage?

Policy support for battery energy storage is gaining momentum across Europe as national governments remove regulatory barriers and the EU pledges financial support for this emerging technology.

Should energy storage operators compete for subsidy contracts?

In several countries, revised capacity markets now allow energy storage operators to compete for subsidy contracts on a more equal footing with power generators. Support from the European Battery Alliance and €1 billion in loans from the European Investment Bank in 2020 alone should help shore up investor confidence.

Will France enshrine the right to subsidize nuclear power stations?

France wants to enshrine the right to subsidize nuclear power stations, three senior officials involved in the negotiations told POLITICO's Playbook this week. The idea would be to allow countries to pay subsidies “for new nuclear plants and updates to existing ones that increase their capacity,” one of the senior officials said.

Will Germany extend energy subsidies?

In Germany, the question of extending subsidies for industry is still under debate in the coalition and Berlin is expected to seek to negotiate an extension of energy payments with Brussels.